Prime Minister Benjamin Netanyahu holds Cabinet meeting as government attempts to deal with growing protests against housing protests and an ongoing doctors’ strike.
EQUITY MOVERS: * A Sinai pumping station along the pipeline to Israel was attacked on the night between July 29 and July 30. Ampal-American Israel Corp. (AMPL IT) owns 12.5 percent of Egyptian-gas importer East Mediterranean Gas Co. * Noble Energy Inc. said it expects test results late this year on the Leviathan natural gas field in which it is partnered with Avner Oil Exploration-LP (AVNRL IT), Delek Drilling-LP (DEDRL IT) and Ratio Oil Exploration 1992 LP (RATIL IT). * Options traders are boosting bets to the highest level since October that Mellanox Technologies Ltd. (MLNX IT), the maker of data-center adapters and software part-owned by Oracle Corp., will extend a rally on demand for cloud technology. * Teva Pharmaceutical Industries Ltd. (TEVA IT), the world’s biggest maker of generic drugs, won’t be able to enter the market with its version of Eli Lilly & Co.’s attention deficit treatment Strattera after Lilly won a U.S. Court of Appeals ruling on the medicine’s patent.
MARKETS: * TA-25 Index dropped 1.8 percent to 1,232.74. * The yield on the Mimshal Shiklit government bond due January 2020 was at 5 percent. * The shekel gained 0.1 percent to 3.4210 per dollar on July 29. * Crude oil for September delivery dropped 1.8 percent to $95.70 a barrel. * Gold for immediate delivery rose 0.7 percent to $1,627.88 an ounce.